The Mudcat Café TM
Thread #114535   Message #2445055
Posted By: Donuel
19-Sep-08 - 11:03 AM
Thread Name: BS: 125%Mortgage/negative equity difference?
Subject: RE: BS: 125%Mortgage/negative equity difference?
"dollar off"

a guarantee that you will get less than what you had.

My neighbor followed up on that 125% scheme and when the papers were actually presented to her at an intimidating meeting to rapidly hurry up and sign...

the terms were all different from everything described to her.